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Itoham Yonekyu Maintains Independence Amid Mitsubishi’s Significant Stake

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Itoham Yonekyu Maintains Independence Amid Mitsubishi’s Significant Stake

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An announcement from Itoham Yonekyu Holdings, Inc. ( (JP:2296) ) is now available.

Itoham Yonekyu Holdings, Inc. has announced details regarding its controlling shareholder, Mitsubishi Corporation, which holds 41.16% of the company’s voting rights. Despite this significant stake, Itoham Yonekyu maintains its operational independence, ensuring that business activities and management decisions are conducted without undue influence from Mitsubishi. The company engages in transactions with Mitsubishi for the supply of meat and raw materials, ensuring competitive pricing by obtaining multiple quotes.

The most recent analyst rating on (JP:2296) stock is a Hold with a Yen4200.00 price target. To see the full list of analyst forecasts on Itoham Yonekyu Holdings, Inc. stock, see the JP:2296 Stock Forecast page.

More about Itoham Yonekyu Holdings, Inc.

Itoham Yonekyu Holdings, Inc. operates in the food industry, primarily focusing on the production and distribution of meat and related products. The company is a significant player in the market, with a strategic relationship with Mitsubishi Corporation, which holds a substantial share of its voting rights.

Average Trading Volume: 158,514

Technical Sentiment Signal: Buy

Current Market Cap: Yen259.8B

See more data about 2296 stock on TipRanks’ Stock Analysis page.

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